Gov. Evers, WHEDA Announce New Allocation Plan for Housing Tax Credit, Continue Efforts to Expand Access to Safe, Reliable, Affordable Housing

MADISON — Gov. Tony Evers, together with the Wisconsin Housing and Economic Development Authority (WHEDA), today announced the final 2027-28 Qualified Allocation Plan (QAP). The QAP is the plan for administering tax credits that finance low- to moderate-income housing and establishes parameters and priorities for awarding the coming years’ Housing Tax Credits, including Federal nine percent, and State/Federal four percent credits. This announcement builds on longstanding efforts of the Evers Administration to expand access to safe, reliable, and affordable housing. Since 2019, the Evers Administration has supported building more than 33,500 housing units to address the needs of Wisconsin’s workforce, seniors, and families statewide.

“Ensuring all our neighbors have access to reliable, affordable housing is essential for the health and prosperity of our families, communities, and our economy,” said Gov. Evers. “The 2027-28 QAP reflects our evolving understanding of Wisconsin’s dynamic housing, demographic, and development climate to ensure every Wisconsinite has the affordable housing they need and deserve. I’m proud of our continued efforts with WHEDA to continue addressing our communities’ housing challenges and expand access to quality, affordable housing across our state.”...

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Leo's notes: As demand for affordable housing continues to outpace supply, how tax credits are allocated can be just as important as the amount of funding available. Wisconsin's updated approach reflects a growing recognition that housing challenges vary by community, requiring flexible tools that support both urban and rural development. Strategic allocation policies can help ensure scarce housing resources are directed toward projects that maximize long-term impact, leverage partnerships, and address the workforce housing shortages that increasingly affect economic growth across the state.